10.09.13 | Blog Posts

More Incentives For Whistleblowers: New York Considers A New Law To Reward And Protect Whistleblowers

The Insider: White Collar Defense and Securities Enforcement

In recent years we have seen two trends of great importance to the conduct and defense of government investigations – one, the growth of state agency investigations of matters previously handled on the federal level, and two, the growth of whistleblowing as a basis for government investigations.  These two trends have come together in a proposed New York State law that would establish whistleblower bounties and protections for information given to the New York State Department of Financial Services (“DFS”) – a super agency formed in October 2011 to regulate banks and insurance companies in New York. [...]

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